The proposal
Grandstone, a small family run real estate company, is looking for a JV partnership to develop it's property in Gwarinpa Estate, FCT Abuja.
This property is situated in an admixture of residential developments with commercial activities on 1st Avenue which is the major road. Residential development occupies the inner part of the neighbourhood such as block of flats, terrace and detached houses while commercial activities are active on the major road with development such as supermarket, office spaces, event centres, churches, market and hotels
The property
It is comprises of 4 Bedroom Detached House, Boy’s Quarter, Chapel and Security House measuring approximately 956 square metres.
The entire site is regular in shape and fenced round with sandcrete blockwall rendered smooth, finished a top with concertina wire to average height of about 3 metres with front gate and pedestrian entrance. The entire site appears well drained.
The site covers approximately 2,600 square metres
Proposed redesign - terrace units
This JV proposes a partnership to redesign this property into terrace units based on the terrace design and the land size.
